Africa ETP News
you are currently viewing::OECD-Africa's Urbanisation Dynamics 2025March 6, 2025--Planning for Urban Expansion
Over the next three decades, Africa's urban population will double, increasing from 700 million to 1.4 billion by 2050, making it the continent with the second largest urban population after Asia. The report examines the implications of this growth for urban planning, governance and financing. It provides projections, insights and actionable recommendations tailored for policy makers, local governments, development partners and experts. Africa's urban transition represents both a pressing challenge and a transformative opportunity. With proactive planning, effective governance and innovative financing, cities can become engines of inclusive economic growth. It is essential to act now to manage urban growth in ways that foster sustainability, inclusion and resilience, paving the way for a thriving urban future. Source: oecd.org |
Digital public infrastructure (DPI) will drive AI for Africa's economic transformation
February 11, 2025-Recent developments within Africa's digital ecosystem will help drive Africa's economic transformation, but key policy frameworks and infrastructure are needed for most countries to benefit fully.
The AU Data Policy Framework was adopted in 2022, followed by the passage of national-level data protection policies and strategies in about 40 African countries.
Nigeria: Investments in Mutual Funds Rise 80.8 Percent to N4.1trn
February 4, 2025--The appetite of Nigerian investors for Mutual Funds has surged with its total asset under management increasing by 80.8% Year on Year, YoY, to N4.1 trillion on January 24, 2025 from N2.3 trillion in the corresponding period 2024.
Zimbabwe: Deepseek Will Hardly Dent 'Magnificent Seven' Stocks
February 3, 2025--DeepSeek's emergence roiled markets earlier last week, but investors see limited scope for the Chinese artificial intelligence startup to dent the performance of the Magnificent Seven, the latest Bloomberg Markets Live Pulse survey showed.
The decision follows ongoing liquidity challenges in several frontier markets, which have been exacerbated by delays in the repatriation of funds in dollars.
South African growth outlook has improved but inflation risks abound, central bank says at Davos
January 21, 2025--Growth in Africa's most industrialised economy could be close to 2% in 2025, versus the 1.1% growth projected for 2024
South Africa's economic outlook is better this year than last, but the inflation picture is more muddied as risks abound, its central bank governor said on Tuesday.
